Petroserv negotiates contract with ENI

04/02/2019 The semi-submersible Catarina, owned by Petroserv, will operate for ENI in Indonesia, carrying out the Merakes field development campaign. The Italian oil company and the Brazilian drilling company signed a letter of intent to charter the unit. The rig will be chartered for two years. The companies do not reveal the value of the... Continue Reading →

Report: Saipem in talks to sell drilling business

Saipem is reportedly in talks to divest its drilling businesses, both onshore and offshore, according to a report by Bloomberg published on Friday. According to the financial news giant, the Italian oilfield services provider is in discussions with interested parties to divest its drilling units in two separate transactions. Bloomberg based its report on information... Continue Reading →

SMD Quasar WROV Dives 5.7 Kilometers Deep

Soil Machine Dynamics (SMD) has recently completed sea trials on its deep-sea Quasar work-class remotely operated vehicle (WROV). The 6000-meters-rated WROV, complemented with an electric drive dual-purpose winch and launch and recovery system (LARS), reached the seabed at 5,760 meters during the trials. Continue reading

Yinson moves to acquire Singapore’s Ezion

Malaysia’s FPSO services provider Yinson Holdings has decided to acquire Singapore’s liftboat operator Ezion Holdings. Yinson Eden, a subsidiary of Yinson Holdings, on March 31, 2019, entered into a conditional debt conversion agreement and conditional option agreement, with Ezion Holdings with the intention to acquire Ezion Holdings group by striking a deal with the group’s lenders.... Continue Reading →

Petrobras Filing of 2018 Form 20-F

Rio de Janeiro, March 29, 2019 – Petróleo Brasileiro S.A. – Petrobras reports that today it filed its 2018 Form 20-F with the U.S. Securities and Exchange Commission (SEC). Form 20-F is a SEC requirement and must be filed annually by foreign issuers with shares traded on US stock exchanges, pursuant to U.S. securities’ market... Continue Reading →

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